Over the past decade, the nuts market volume in Argentina experienced fluctuations. From a low of 14.0 thousand metric tons in 2015, it increased to a plateau of 19.0 thousand metric tons by 2021, holding steady into 2023. The volume in 2023 was 19.0 thousand metric tons. Year-on-year variation exhibited wider changes earlier, such as a notable 18.75% increase in 2017 and minor changes later, with 0% growth in 2022 and 2023. The last five years showed a compound annual growth rate (CAGR) of 1.09%.
Looking forward, forecasted data from 2024 to 2028 suggest gradual growth, with an estimated CAGR of 0.89% and a total volume increase of about 4.51% over the five-year period.
Future trends to watch for include potential impacts of climate change on nut supply, consumer preference shifts towards healthy snacks, and evolving trade policies affecting import and export dynamics. The industry should monitor these factors closely to strategize for sustained growth.
